BTDR (Bitdeer Technologies Group) Research & Development: $115.1 Mil (TTM As of Mar. 2026)


BTDR Bitdeer Technologies Group BTDR
69 GF Score
Price $17.15
GF Value $13.77
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Bitdeer Technologies Group Research & Development?

Bitdeer Technologies Group BTDR +4.64% 69 Research & Development is $115.1 Mil as of Mar. 2026. GuruFocus rates BTDR with a GF Score™ of 69/100 and a GF Value™ of $13.77 (Modestly Overvalued). The stock has 10 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Bitdeer Technologies Group's Research & Development for the three months ended in Mar. 2026 was $20.2 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $115.1 Mil.

Bitdeer Technologies Group  (NAS:BTDR) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Bitdeer Technologies Group Research & Development Related Terms

Bitdeer Technologies Group Research & Development Historical Data

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The historical data trend for Bitdeer Technologies Group's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bitdeer Technologies Group Research & Development Chart

Bitdeer Technologies Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 29.50 35.43 29.53 76.95 153.88

Bitdeer Technologies Group Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.00 20.59 39.09 35.20 20.20
BTDR
69GF Score
Bitdeer Technologies Group BTDR
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Bitdeer Technologies Group Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $115.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $115.1 Mil mean?
Bitdeer Technologies Group (BTDR) has a Research & Development of $115.1 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Bitdeer Technologies Group and its competitors.
Is Bitdeer Technologies Group's Research & Development too high?
Bitdeer Technologies Group's current Research & Development is $115.1 Mil. Overall, Bitdeer Technologies Group has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bitdeer Technologies Group's Research & Development compare to MNDY and SRAD?
Bitdeer Technologies Group's Research & Development of $115.1 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Bitdeer Technologies Group and its competitors. Bitdeer Technologies Group's current Research & Development is $115.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitdeer Technologies Group stock overvalued right now?
Based on GuruFocus' analysis, Bitdeer Technologies Group (BTDR) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.77, compared to a current price of $17.15 — trading 24.5% above its estimated fair value. The current Research & Development is $115.1 Mil. Bitdeer Technologies Group's overall GF Score™ is 69/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Bitdeer Technologies Group (BTDR), the current Research & Development is $115.1 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bitdeer Technologies Group (BTDR) Overvalued in 2026?

Based on GuruFocus' analysis, Bitdeer Technologies Group stock appears to be overvalued. The current stock price of $17.15 is trading 24.5% above its estimated GF Value™ of $13.77. GuruFocus considers Bitdeer Technologies Group to be Modestly Overvalued.

Key valuation signals for BTDR:

  • Research & Development: $115.1 Mil
  • GF Value™: $13.77 vs. price of $17.15 (24.5% above fair value)
  • GF Score™: 69/100 with 10 warning signs

No single metric tells the full story. See the BTDR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bitdeer Technologies Group Business Description

Other Exchanges 1BTDR:ItalyR1T:Germany
Address 08 Kallang Avenue, Aperia tower 1, No. 09-03/04, Singapore, SGP, 339509
Bitdeer Technologies Group is principally engaged in the provision of digital asset mining services. The Company does not conduct any substantive operations on its own but conducts its primary operations through its subsidiaries. Its majority business segments are: proprietary mining, cloud hash rate sharing and cloud hosting. The company operates five proprietary mining datacenters in the United States and Norway, Bhutan and Singapore.
69GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.15
Price
$13.77
GF Value